Notes from Charlie Lee’s “Creating Litecoin” presentation

Charlie Lee came to Google last week to talk about how he designed the cryptocurrency, Litecoin. Charlie is an ex-Googler &, ex-Director of Engineering at Coinbase. I took notes from his talk that you can find below:

  • Open source fork of BTC
  • Four x number of coins (84 mn LTC)
  • ¼ block confirmation time — Two.Five mins
  • Scrypt proof of work (Bitcoin uses SHA256 for hashing) — “Silver to Bitcoin’s Gold”
  • Launched October 13, 2011

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